Pakistan: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2024

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Pakistan

In 2021, the Pakistani market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap decreased by -12.1% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption, however, recorded a strong increase. Over the period under review, the market reached the peak level at $X in 2020, and then shrank in the following year.

Production of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Pakistan

In value terms, production of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap contracted to $X in 2021 estimated in export price. Over the period under review, production, however, saw a strong increase. The growth pace was the most rapid in 2018 when the production volume increased by 38%. Production of peaked at $X in 2020, and then declined in the following year.

Exports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Exports from Pakistan

In 2021, overseas shipments of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by 56% to X tons, rising for the fourth year in a row after two years of decline. In general, exports, however, continue to indicate a noticeable decline. Over the period under review, the exports of hit record highs at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap surged to $X in 2021. Overall, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons), Yemen (X tons) and the United States (X tons) were the main destinations of exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Pakistan, with a combined 60% share of total exports. Oman, Germany, the UK, Poland, Saudi Arabia and Kuwait lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +72.5%), while the other leaders experienced more modest paces of growth.

In value terms, Yemen ($X), the United States ($X) and Germany ($X) were the largest markets for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exported from Pakistan worldwide, together accounting for 62% of total exports. The UK, Poland, the United Arab Emirates, Saudi Arabia, Kuwait and Oman lagged somewhat behind, together accounting for a further 26%.

Among the main countries of destination, Poland, with a CAGR of +72.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X per ton in 2021, with an increase of 25% against the previous year. In general, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 59% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Imports into Pakistan

In 2021, the amount of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap imported into Pakistan rose markedly to X tons, surging by 5.7% against 2020. In general, imports, however, continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2015 with an increase of 144%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap rose markedly to $X in 2021. Overall, imports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2015 with an increase of 138%. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), the UK (X tons) and the United Arab Emirates (X tons) were the main suppliers of imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Pakistan, together accounting for 89% of total imports. Vietnam and Iran lagged somewhat behind, together accounting for a further 4.1%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +99.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X), the UK ($X) and Vietnam ($X) appeared to be the largest footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap suppliers to Pakistan, with a combined 86% share of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of +101.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X per ton in 2021, approximately reflecting the previous year. In general, the import price, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2016 an increase of 22%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Iran ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+59.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :